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JK Tyres & Inds. - Quaterly Results

17 May 2023 Evaluate
The March 2023 quarter revenue stood at Rs. 23928.20 millions, up 10.63% as compared to Rs. 21628.80 millions during the corresponding quarter last year.The Net Profit of the company reported a remarkable increase of 157.44% to Rs. 673.20  millions  from Rs. 261.50 millions in previous same quarter.The company reported a good operating profit of 2312.00 millions compared to 1401.90 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 23928.20 21628.80 10.63 96179.20 80320.60 19.74 96179.20 80320.60 19.74
Other Income 110.80 70.90 56.28 315.20 302.00 4.37 315.20 302.00 4.37
PBIDT 2312.00 1401.90 64.92 8063.30 7307.00 10.35 8063.30 7307.00 10.35
Interest 729.20 569.70 28.00 2575.10 2296.10 12.15 2575.10 2296.10 12.15
PBDT 1609.10 860.80 86.93 5126.50 5050.40 1.51 5126.50 5050.40 1.51
Depreciation 627.10 584.70 7.25 2425.80 2407.40 0.76 2425.80 2407.40 0.76
PBT 982.00 276.10 255.67 2700.70 2643.00 2.18 2700.70 2643.00 2.18
TAX 308.80 14.60 2015.07 863.00 812.60 6.20 863.00 812.60 6.20
Deferred Tax 191.30 -65.00 -394.31 138.90 -151.50 -191.68 138.90 -151.50 -191.68
PAT 673.20 261.50 157.44 1837.70 1830.40 0.40 1837.70 1830.40 0.40
Equity 492.50 492.50 0.00 492.50 492.50 0.00 492.50 492.50 0.00
PBIDTM(%) 9.66 6.48 49.07 8.38 9.10 -7.85 8.38 9.10 -7.85
Peers
Company Name CMP
MRF 123112.45
Apollo Tyres 407.50
JK Tyres & Inds. 333.35
Ceat 3302.40
Balkrishna Inds. 2007.05
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